Crispr Therapeutics started with Buy at BofA

• Bank of America initiates coverage on Crispr Therapeutics (NASDAQ:CRSP) with a Buy rating and assigns a price target of $110.
• Analyst Geoff Meacham says "the company's technology platform has generated a de-risked and a potentially best-in-class curative therapy for transfusion-dependent beta-thalassemia and sickle cell disease, as well as a trio of next-gen allogeneic CAR-T therapies for both liquid and solid tumors"
• "These advancements could have superior safety and convenience benefits over the current generation of autologous CAR-Ts," Meacham writes.
• The company has recently gained accelerated review for CTX001 in Europe. Being co developed with Vertex, CTX001 is an autologous, ex vivo CRISPR/Cas9 gene-edited therapy for the treatment of severe sickle cell disease.
• https://seekingalpha.com/news/3619936-crispr-therapeutics-started-buy-bofa